Thailand and ADB Discuss Loans for Health, Flood Projects
Thailand’s Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas met with Asian Development Bank President Masato Kanda to sign loan agreements for health and flood‑control projects. The talks also covered green investment, energy transition, private‑sector funding, and preparations for hosting the Finance in Common Summit 2027 in Bangkok. Both sides pledged to support Thailand’s upcoming ASEAN Chairmanship in 2028 to boost regional cooperation and sustainable development.
The meeting between Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas and ADB President Masato Kanda took place at the Ministry of Finance, alongside a ceremony exchanging loan contracts for the Investment Expenditure Project aimed at funding economic and social development, including the public health system development project under the Office of the Permanent Secretary, Ministry of Public Health. The talks prioritized driving important national development projects, especially enhancing flood‑management capacity in the Chao Phraya basin via the Lower East Chao Phraya Irrigation System improvement and upgrading the national public health system to improve people’s quality of life. Additionally, the two parties discussed broadening cooperation in green investment, energy transition, and private‑sector mobilisation, as well as preparing for the Finance in Common Summit 2027 to be held in Bangkok and supporting Thailand’s ASEAN Chairmanship in 2028 to strengthen regional economic ties and promote sustainable development.